The surveyor carries out in the broadest sense of the word all acts necessary and / or needed during a specific assignment.

An assignment is obtained by the expert and confirmed by a written assignment or agreement.

The surveyor explains the decision in a written report this is accompanied by an oral report.

The surveyor explains any additions and exceptions to the assignment, agreement or the order confirmation and / or written reports stuck in appendices, an additional report or a separate settlement agreement.

The assignment or agreement or order confirmation contains at least agree on the fee, the remaining costs of the assignment, the nature and scale work, the research methodology and applicable standards (criteria), termination and cancellation.

The EMCI code of conduct and the EMCI rules for complaints and disciplinary action apply.

The harbourmaster performes in the broadest sense of the word all acts necessary and / or for which the harbourmaster has received a specific assignment or as laid down in his job and task description.

The harbourmaster applies the port regulations.

The EMCI code of conduct and the EMCI rules for complaints and disciplinary action apply.

4. PROCEDURE REQUIREMENTS ESCROW MANAGEMENT

All EMCI Maritime Practitioners have the obligation to separate escrow capital from private capital and the companies capital.

If escrow capital is handled by an EMCI Maritime Practitioner the escrow capital is to be managed by dedicated escrow management procedures and routed via an independent legal body with its own escrow account.

EMCI authorized escrow management solutions:

Independent legal body for escrow management with its own escrow account;

Independent official public notary with its own escrow account

Independent attorney with its own escrow account

Independent accountant with its own escrow account

Escrow management facilities of the Global Network Group

The handling and management of escrow captital must be included in and covered by the personal and company liability insurance of the EMCI Maritime Practitioner.

An appraisal instruction that is used either to obtain or to maintain financing from a bank or finance company is only valid if the report is executed using the fixed appraisal report provided by said bank or finance company.

An appraiser is obliged to respond immediately to any requests by the bank or finance company for further information about the appraisal report he has provided.

The appraiser is not responsible or liable for the format of the appraisal report as provided and required by the bank or finance company.

CONTENT REQUIREMENTS APPRAISAL REPORT FOR YACHTS

The appraisal report contains at least:GENERAL

Name and details of the valuer, assignment principal and shipowner

Description appraisal purposes

Date, time and location of the appraisal assignment

Appraisal declaration issued and signed by the EMCI certified appraiser

Shipdetails (Shipyard,year of construction, construction number, year of first launching, type, name, operational and technical specifications, available equipment)

Special details and remarks

Appraising reference matrix

If necessary, requested or mandatory: relevant proof of evidence to be attached to the appraisal report

APPRAISING VALUES

Current market value and its conditions

Liquidation value and its conditions

Original and current new price (if known)

Insured for (if known) and its conditions

STATUS CLARIFICATION OF

CE and/or other official quality marks

Insurance position

Legal positions with regard to ship mortgages or shiploans, sequestration, other entailing rights

Maintenance, executed as well as necessary or expected

Ownership

Shipping registar

VAT

Shiprelated documents, permits and certificates

6. PROCEDURE REQUIREMENTS FOR SURVEYS

SURVEYS FOR BANKING & INSURANCE PURPOSES

A survey instruction that is used either to obtain or to maintain financing from a bank or finance company is only valid if the report is executed using the fixed survey report provided by said bank or finance company.

A survey instruction that is used either to obtain or to maintain an insurance policy from an insurance company or to settle a loss, damage or defect related to an existing insurance policy is only valid if the report is executed using the fixed survey report provided by said insurance company.

A surveyor is obliged to respond immediately to any requests by the bank or finance company or insurance company for further information about the survey report he has provided.

The surveyor is not responsible or liable for the surveyformat as provided and required by the bank or finance company or insurance company.

CONTENT REQUIREMENTS SURVEY REPORT FOR YACHTS

The survey report contains at least:GENERAL

Name and details of the surveyor, assignment principal and shipowner

Description survey purposes

Date, time, location and weather conditions of / during the survey

Survey declaration issued and signed by the EMCI certified surveyor

Shipdetails (Shipyard,year of construction, construction number, year of first launching, type, name)

Special details and remarks

If necessary, requested or mandatory: relevant proof of evidence to be attached to the survey report

The decription of the survey method together with the specifications of the survey standards and survey equipment should result in the same and equal outcomes if a contra survey is executed under the same circumstances against / with the same method, standards and equipment.

7. PROCEDURE REQUIREMENTS ON INFORMATION SUPPLY TO BUYERS

The maritime broker, or a maritime specialist on behalf of the broker, supplies the buyer before signing the agreement on sale and purchase at least with the hereafter stated information:GENERAL

Shipdetails (Shipyard,year of construction, construction number, year of first launching, type, name, operational and technical specifications, available equipment)

Known non-conformities and defects

Asking price

STATUS CLARIFICATION OF

CE and/or other official quality marks

Legal positions with regard to ship mortgages or shiploans, sequestration, other entailing rights

Ownership

Shipping registar

VAT

Shiprelated documents, permits and certificates

The maritime brokers points out to the buyer its legal research obligations. if the buyer renounces the buyer should sign an renouncement statement.

8. PROCEDURE REQUIREMENTS ON INFORMATION SUPPLY TO SELLERS

The maritime broker, or a maritime specialist on behalf of the broker, supplies the seller, as its principal, during the whote brokerage process at least with the hereafter stated information:

The maritime brokers points out to the seller its legal information transparency obligations. If the seller renounces the broker is to resign from the assignment.

All substantial legal actions, such as maintenance, repairs, transportation, price agreement, transfer of ownership, cash- or banktransactions, to executed or ordered by the maritime broker, should be authorized in a formal document signed by the principal.

Shipdetails (Shipyard,year of construction, construction number, year of first launching, type, name, operational and technical specifications, available equipment, known non conformities and defects)

If necessary, requested or mandatory: relevant other information

ATTACHMENTS

Identification clause (how are the parties identified?)

Copy relevant (transfer) documents, permits and certificates

11. PROCEDURE REQUIREMENTS ON PRIVACY

Practitioner holds a privacy statement & policy which applies to all clients. If the practitioner is based in the EU, the privacy statement needs to comply with the European General Data Protection Regulation (GDPR).